Chesterfield, UK and Durham, NC USA — November 22, 2021 —Konektio, makers of Industrial IoT (IIoT) software product, AssetMinder, announced today it has closed a significant revenue contract with a leading European industrial company.
The 3-year rolling contract will see Konektio’s AssetMinder product deployed globally across thousands of connected devices. AssetMinder will enable end customers to remotely monitor and manage the parameters of their production process.
Together with u-blox’s Thingstream IoT Service Delivery Platform, AssetMinder was selected as the end-to-end solution to enable legacy 2G hardware to become ‘IoT-ready’ and inform its status to the cloud. The existing architecture, that relied on emails being sent to record asset status, was to be retired and replaced with a new cloud-based, deterministic solution.
Konektio and u-blox’s complementary solution was selected to deliver this requirement due to their speed of deployment, scalability, and advanced system security.
The solution will be used as a retrofit on existing products but will also be available to use across all future connected product installations, providing the client with a future-proofed scalable solution.
“The customer initially believed they would need to undertake a wealth of costly DIY development to become IoT-ready. With AssetMinder, we have done the hard development work already so, in conjunction with u-blox, we were able to provide a cost-efficient” Jon Hill, Chief Partner and Solutions Officer
“We were delighted to once again partner with Konektio on this digital transformation project. This is a great example of a manufacturer adopting u-blox technology to overcome the complexities of connecting your devices whether they are in a 2G geographical area or in an up-to-date LTE-M coverage area” Neil Hamilton u-blox, Global Head of Service Sales.
u‑blox (SIX:UBXN) is a global technology leader in positioning and wireless communication in automotive, industrial, and consumer markets. Their smart and reliable solutions, services and products let people, vehicles, and machines determine their precise position and communicate wirelessly over cellular and short range networks. With a broad portfolio of chips, modules, and secure data services and connectivity, u‑blox is uniquely positioned to empower its customers to develop innovative and reliable solutions for the Internet of Things, quickly and cost‑effectively. With headquarters in Thalwil, Switzerland, the company is globally present with offices in Europe, Asia, and the USA. (www.u‑blox.com)
Konektio connects the digital and physical worlds to digitally transform global industrial and manufacturing customers. Through their world-class expertise in IIoT automation solutions and services, including the IIoT SaaS product AssetMinder®, they help organizations succeed in their digital transformation journey by enabling visibility and control of their assets across the factory and externally in the field. AssetMinder® captures usage and performance data from smart digital sensors, providing advanced insights to unlock data-driven intelligence that optimizes processes, condition monitoring, uptime, and profitability across a range of industries including manufacturing, transportation, utilities, smart infrastructure, and food processing.
If you are interested in digitally transforming processes and connecting your IIoT assets through AssetMinder’s SaaS offering – fill out the form here on our Contact Us page.